Professional Documents
Culture Documents
Marketing
Communications
EXAM Review
Summary of core text;
including: lectures, core book and relevant internet sources
Adeel Qurashi
MC Exam Summary 1 General
Table of Contents
1 General ........................................................................................................................................ 5
1.1 Definition MC ................................................................................................................................ 5
1.2 Learn ............................................................................................................................................. 5
1.3 Corporate PR ................................................................................................................................. 5
1.4 Marketing PR ................................................................................................................................. 5
1.5 Marketing Mix ............................................................................................................................... 5
1.6 Promotional Mix ........................................................................................................................... 6
1.7 Promotion ..................................................................................................................................... 6
1.8 Sales Promotion ............................................................................................................................ 6
1.9 Marketing and Communications................................................................................................... 6
2 Marketing .................................................................................................................................... 7
2.1 Learn ............................................................................................................................................. 7
2.2 Marketing Communications.......................................................................................................... 7
2.3 Promotional Mix Factors ............................................................................................................... 7
2.4 Effective MC .................................................................................................................................. 7
2.5 Communication process ............................................................................................................... 8
3 Segmentation ............................................................................................................................... 9
3.1 Learn ............................................................................................................................................. 9
3.2 Definition ...................................................................................................................................... 9
3.3 Objective ....................................................................................................................................... 9
3.4 Criteria........................................................................................................................................... 9
3.5 Most succesful .............................................................................................................................. 9
3.6 Segmentation model ..................................................................................................................... 9
4 Media ......................................................................................................................................... 10
4.1 Learn ........................................................................................................................................... 10
4.2 Traditional media types .............................................................................................................. 10
4.3 New media .................................................................................................................................. 10
4.3.1 Digital Media ....................................................................................................................... 10
4.3.2 Use of ‘tools’ in new media ................................................................................................. 10
Page 2 of 22
MC Exam Summary 1 General
Page 3 of 22
MC Exam Summary 1 General
Page 4 of 22
MC Exam Summary 1 General
1 General
1.1 Definition MC
The process of presenting an integrated set of stimulus to a market with the intent of evoking desired
responses within that market set and setting up channels to receive, interpret and act upon messages
from the market for the purposes of modifying present company messages and identifying new
communication opportunities - Delozier (1976)
‘The process by which a marketer develops and presents stimuli to a defined target audience with the
purpose of eliciting a desired set of responses’ (Yeshin)
‘All elements in a brand’s marketing mix that facilitate exchanges by establishing shared meaning with
customers’ (Shimp)
1.2 Learn
Consider learning Marketing Research; though not very significant
1.3 Corporate PR
Cutlip et al (1985) ‘a function of management seeking to identify, establish and maintain mutually
beneficial relationships between an organisation and the various publics on whom its success or failure
depend’
1.4 Marketing PR
Cutlip et al (1985) ‘not only concerned with organisational success and failure, but also with specific
publics: customers, consumers and clients with whom exchange transactions take place’
Price
Promotion
Place
Product
Physical
People
Process
Page 5 of 22
MC Exam Summary 1 General
Advertising
Personal Selling
Sales Promotion
Publicity
1.7 Promotion
Promotion involves disseminating information about a product, product line, brand, or company. It is
one of the four key aspects of the marketing mix.
Price promotions
Coupons
Gift with purchase
Competitions and prizes
Money refunds
Frequent user / loyalty incentives
Point-of-sale displays
Advertising
Branding
Direct marketing
Graphic design
Marketing
Packaging
Promotion
Publicity
Sponsorship
Public relations
Sales
Sales promotion
Online marketing
Page 6 of 22
MC Exam Summary 2 Marketing
2 Marketing
2.1 Learn
- Where does MC fit in
- How does MC work
2.4 Effective MC
Effective communication involves sending a stimulus to the senses and gaining a response - a
two way process
Messages received depend on the sender, the tone and the language
Message persuasiveness affects response
Audiences need to be on the same wavelength - interpretation is critical
Response and understanding stem from existing knowledge and attitudes
Repositioning is more difficult - reinforcement is more effective than conversion
Advertisers have low credibility - they are expected to be biased
Actions speak louder than words?
All organisations communicate
Images and impressions have a profound effect on success (the ‘Branson’ factor)
Page 7 of 22
MC Exam Summary 2 Marketing
Schramm (1955)
Page 8 of 22
MC Exam Summary 3 Segmentation
3 Segmentation
3.1 Learn
How to decide upon target market
3.2 Definition
‘The division of the market into customer subsets, one or more of which becomes the target market,
each with a distinct marketing mix
3.3 Objective
To identify populations that offers an opportunity to focus clearly on their needs and satisfy them
3.4 Criteria
Geography
Demographics (age/sex/family/income/ occupation/family life cycle)
Geo-demographics
Psychographics (lifestyles, reflecting social class, personalities, etc.)
Behaviour traits (in terms of purchasing occasions, benefits sought, loyalty status, etc.)
Page 9 of 22
MC Exam Summary 4 Media
4 Media
4.1 Learn
- Combination of traditional media (tv, radio,billboards) and how they started to lose out to new
media (internet) and overall
Page 10 of 22
MC Exam Summary 4 Media
Page 11 of 22
MC Exam Summary 5 PR
5 PR
5.1 Learn
Types of PR
Who are they looking to address (PR audiences)
Methodologies
5.2 PR Definition
‘All forms of planned communications between any organisation and its publics with the purpose of
establishing mutual goodwill and understanding’ (Yeshin)
‘Encoding and communicating messages to targeted audiences in order to influence a desired response’
(PRCA)
5.4 PR Types
Marketing P.R.
Defensive/reactive P.R. (issues management)
Proactive P.R. (lobbying)
Corporate P.R. (stakeholder relations)
5.5 PR Publics
Commercial
Internal
Financial
Authorities
Media
Opinion formers
Community/society
5.6 PR Vehicles
• Media contact
• News stories/Press releases
• Advertiser funded programmes/advertorials
• Media events
• Press office
• Sponsorships/Exhibitions
• Corporate hospitality
Page 12 of 22
MC Exam Summary 5 PR
5.8 Objectives of PR
Create/maintain identity and image
Enhance the organisation’s standing
Communicate its philosophy and purpose and the benefits of its products and services
Improve media relations/manage publicity
Develop good employee relations
Aid liaison with and lobbying of key publics
Plan/manage crises and situations
Page 13 of 22
MC Exam Summary 6 Sponsorship
6 Sponsorship
6.1 Learn
- How it works
- Gaining prestige, additional value
- Budget and targeting
6.2 Definition
‘The connection of a company/product with a public event in which the manufacturer covers part or all
of the costs in return for the benefit of association’ (Yeshin)
Page 14 of 22
MC Exam Summary 7 Advertising
7 Advertising
7.1 Learn
- Why advertise
- When to advertise
- How does it work
- Background info
o Aida
o Hierarchy of effects
7.2 Definitions
Any form of paid-for media used by marketers to communicate with their target audiences’
(Yeshin)
‘Mass or direct-to-consumer non-personal communication paid for by a firm or individual
identified in the advertising message, hoping to inform or persuade a specific target audience’
(Shimp)
7.4 Barriers
Insufficient resources
Unquantifiable benefits
Lack of focus
Talking a good game, not playing one
7.6 AIDA
Awareness – Interest – Desire - Action
Page 15 of 22
MC Exam Summary 7 Advertising
Page 16 of 22
MC Exam Summary 8 Sales Promo
8 Sales Promo
8.1 Definition
The use of short-term, often tactical, techniques to achieve short term sales objectives’. (Yeshin)
‘Marketing activities intended to stimulate quick buyer action by offering extra benefits to customers’
(Shimp)
Page 17 of 22
MC Exam Summary 9 Direct Marketing
9 Direct Marketing
9.1 Definition
Communications where data are used systematically to achieve quantifiable marketing objectives and
where direct contact is invited or made between a company and its customers’ (DMA UK)
‘An interactive system of marketing which uses one or more advertising media to effect measurable
response and/or transactions at any location’ (ADMA)
9.2 Tools
Direct Mail
Telemarketing, e-mail and SMS/mobile marketing
Direct Response Advertising (including ‘digital interactive’)
Field marketing
Inserts
Door to Door/on location leafleting
Mail Order catalogues/customer mags
9.3 Advantages
Reduces wastage (cost efficient/targeted)
Provides measurable results
Establishes direct links with consumers
Replaces monologue with dialogue
Customises product offers
Immediate mass/micro marketing
9.4 Disadvantages
Intrusive nature
Image
Set up costs
Distribution channel conflict
List problems
Page 18 of 22
MC Exam Summary 10 Design, Packaging and Merchandising, POS
10.2 Labels
Identify the product
Grade the product
Promote the product
Legislation should prevent:
Misleading/insufficient information
Inadequate safety precautions
Page 19 of 22
MC Exam Summary 10 Design, Packaging and Merchandising, POS
10.5 Merchandising
Effective product display and promotion at the point of sale intended to:
Make more efficient use of floor space
Increase visibility for consumers
Improve retail traffic flow/allow signposting
Attract attention and communicate offers
Complement image and increase sales
10.6 POS
Shelf edge material/shelf display units
Window/on shelf displays
Dump bins/off shelf/gondola end displays
Posters/cut outs/showcards
Shelf space/colour blocking
Video walls/spotlighting/interactive systems
Page 20 of 22
MC Exam Summary 11 Advertising Agencies
11 Advertising Agencies
11.1 Learn
How many would you invite
How to review agencies
11.4 Benefits
Reduced contact costs
Time savings
Specialist knowledge
Economies of scale
Creative qualities
Page 21 of 22
MC Exam Summary 11 Advertising Agencies
11.8 Partnership
Benefits from meeting expectations based on:
Agency market knowledge (woods and trees?)
Successful creative executions
Proactive/reactive approach as required
Through the line solutions
Media performance (media neutral planning)
Communication and reward
Page 22 of 22